Dealing with crushing debt in today's high-rate economy? Here's when bankruptcy might be your best path forward.

If a company files for Chapter 7 bankruptcy, that means it's heading for liquidation, in which assets are sold off to pay creditors.

You don’t need a minimum amount of debt to qualify for Chapter 7 bankruptcy. Filing for Chapter 7 can significantly impact ...

Record consumer debt, years of steep inflation and other factors are driving more Americans to considering filing for ...

Brüeprint Brewing Company — an Apex, North Carolina-based microbrewery — has filed for Chapter 7 bankruptcy. It's the latest small brewing business to close amid financial struggles this year.

EcoMark Solar, which is owned by Alex Valdez, filed for Chapter 7 bankruptcy April 17. Chapter 7 requires a company to liquidate its assets and hand them over to creditors. Valdez has been a ...

Depending on the type of bankruptcy filed, you could eventually lose important assets. For example, Chapter 7 can only delay a home foreclosure and not halt it. Bankruptcy stays on your credit ...

To file your Chapter 13 bankruptcy, you must pay a $235 case filing fee and a $5 miscellaneous administrative fee. These are typically paid to the court clerk and can be made in installments. You are ...